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Consumer Price Index (CPI) Current Affairs for UPSC

A complete UPSC revision trail for Consumer Price Index (CPI): 2 published analyses, their syllabus connections and closely related themes.

Where this topic fits in the UPSC syllabus

Complete coverage and analysis

Newest first. Open each article for concepts, evidence, Mains questions and related reading.

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Economy
GS3
15/07/2026

WPI Inflation Nears 10% in June: New 2022-23 Base Series, PPI and Food Prices Explained

Why in News

India's wholesale inflation measured by the Wholesale Price Index (WPI) surged to 9.87 per cent in June 2026 — the highest in the revised series with base year 2022-23 — from 9.68 per cent in May, driven by a sharp acceleration in food prices even as fuel inflation eased, with economists warning that inflation is becoming more generalised. The Ministry of Commerce and Industry also released the new Producer Price Index (PPI), which rose to 9.57 per cent. This article explains the June data, the revised WPI series, the WPI-to-PPI transition, the WPI–CPI distinction, and the implications for monetary policy and the economy, for UPSC Prelims and Mains.

WPI InflationProducer Price IndexBase Year Revision 2022-23+6
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Economy
GS3
31/05/2026

Inflation vs Affordability Explained: Why RBI's 2–6% Target Misses India's Real Cost of Living

Why in News

Ahead of the RBI Monetary Policy Committee meeting (June 3–5, 2026) and amid a crude-oil spike triggered by the West Asia conflict, economists have flagged a key gap: policymakers target the inflation rate, but households experience affordability — whether incomes outpace the cumulative rise in prices. This article explains the difference between inflation and affordability, India's Flexible Inflation Targeting framework, CPI measurement, real vs nominal wages, PLFS worker data, and how RBI's tools work.

Inflation vs AffordabilityFlexible Inflation Targeting (FIT)Consumer Price Index (CPI)+2

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